Pictet Asset Management Holding SA Has $4.99 Million Stock Position in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Pictet Asset Management Holding SA cut its holdings in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 66.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,820 shares of the company’s stock after selling 45,290 shares during the period. Pictet Asset Management Holding SA owned approximately 0.17% of abrdn Physical Precious Metals Basket Shares ETF worth $4,991,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of GLTR. Measured Wealth Private Client Group LLC acquired a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the 3rd quarter worth approximately $32,000. Seneschal Advisors LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the fourth quarter valued at approximately $40,000. Longview Financial Advisors Inc. acquired a new stake in abrdn Physical Precious Metals Basket Shares ETF during the first quarter worth approximately $50,000. JPMorgan Chase & Co. bought a new position in abrdn Physical Precious Metals Basket Shares ETF during the 3rd quarter worth $61,000. Finally, Advisory Services Network LLC acquired a new position in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at $63,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

NYSEARCA:GLTR opened at $186.27 on Friday. The stock has a fifty day moving average price of $205.98 and a 200-day moving average price of $220.60. abrdn Physical Precious Metals Basket Shares ETF has a fifty-two week low of $137.98 and a fifty-two week high of $295.44.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.